OAK Network

OAK Network, now known as Ava Protocol, is a blockchain company specializing in automation solutions for decentralized finance (DeFi) and recurring payments. Founded in 2021 and based in San Francisco, California, the company focuses on enabling event-driven transactions that allow users to schedule actions based on specific conditions such as time, price changes, or smart contract state changes. This approach aims to enhance the functionality and user experience within the Web3 ecosystem by providing seamless, trustless, and secure automation capabilities. Ava Protocol's platform is built on Parity Substrate and is designed to support various applications, including limit and stop-loss orders on automated market-making decentralized exchanges (DEXs) and recurring payments, thereby expanding the potential use cases for blockchain technology. The company has attracted investment from notable firms such as Foundation Capital, Greylock, and Electric Capital, underscoring its position within the blockchain and cryptocurrency industry. ([crunchbase.com](https://www.crunchbase.com/organization/oak-network?utm_source=openai))